CMBTECH NV Stock Forward View - Triple Exponential Smoothing
| CMBT Stock | 12.22 -0.62 -4.83% |
CMBTECH NV's Triple Exponential Smoothing reference data reflects the model's output when applied to available daily price observations. This page summarizes the model output and key accuracy metrics for reference. The projected value and error metrics are calculated from available daily price observations.
The Triple Exponential Smoothing forecasted value of CMBTECH NV on the next trading day is expected to be 12.19 with a mean absolute deviation of 0.27 and the sum of the absolute errors of 15.98.As with simple exponential smoothing, in triple exponential smoothing models past CMBTECH NV observations are given exponentially smaller weights as the observations get older. In other words, recent observations are given relatively more weight in forecasting than the older CMBTECH NV observations. The Triple Exponential Smoothing reference values for CMBTECH NV are derived from publicly available price data and should be used for informational purposes only. Triple Exponential Smoothing Price Forecast For the 24th of March
Given 90 days horizon, the Triple Exponential Smoothing forecasted value of CMBTECH NV on the next trading day is expected to be 12.19 with a mean absolute deviation of 0.27 , mean absolute percentage error of 0.11 , and the sum of the absolute errors of 15.98 .Please note that although there have been many attempts to predict CMBTECH Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that CMBTECH NV's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest CMBTECH NV | CMBTECH NV Price Prediction | Research Analysis |
Forecasted Value
For the next trading day, Macroaxis evaluates CMBTECH NV's predictive range by looking for statistically meaningful downside and upside boundaries. The projected forecast band currently runs from roughly 9.44 on the downside to about 14.94 on the upside.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Triple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of CMBTECH NV stock data series using in forecasting. Note that when a statistical model is used to represent CMBTECH NV stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | 0.0399 |
| MAD | Mean absolute deviation | 0.2709 |
| MAPE | Mean absolute percentage error | 0.0221 |
| SAE | Sum of the absolute errors | 15.9821 |
Other Forecasting Options for CMBTECH NV
Relative Strength Index values for CMBTECH measure the speed and magnitude of recent price changes. Recognizing these clusters in CMBTECH NV's returns helps calibrate position size and stop-loss levels. Candlestick pattern analysis of CMBTECH Stock daily data can reveal short-term reversal or continuation signals.CMBTECH NV Related Equities
These related stocks within the Energy space give benchmarks for judging CMBTECH NV's results, margins, and growth trend. Looking at CMBTECH NV's pricing multiples next to these peers shows if the stock trades at a premium or discount. Peer pricing works best when the firms compared share similar business models and end markets.
| Risk & Return | Correlation |
CMBTECH NV Market Strength Events
Market strength indicators provide a structured view of how CMBTECH NV stock is positioned relative to trends. These indicators are valuable tools for identifying when to enter or exit positions in CMBTECH NV. Investors tracking CMBTECH NV can use these signals to validate or adjust their position timing.
CMBTECH NV Risk Indicators
The analysis of CMBTECH NV's risk metrics is one of the most important steps in projecting its future price. This process quantifies the risk associated with CMBTECH NV's and helps determine how to manage it. A structured analysis of CMBTECH NV's risk indicators is one of the most reliable ways to improve forecast accuracy.
| Mean Deviation | 2.13 | |||
| Semi Deviation | 2.26 | |||
| Standard Deviation | 2.69 | |||
| Variance | 7.26 | |||
| Downside Variance | 6.04 | |||
| Semi Variance | 5.09 | |||
| Expected Short fall | -2.39 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for CMBTECH NV
The amount of media and story coverage tied to CMBTECH NV can signal where market attention is concentrating at the moment. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.
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CMBTECH NV Short Properties
Short sentiment tied to CMBTECH NV matters because heavier bearish pressure can change how quickly future price expectations become unstable. A disciplined short-interest review can make timing decisions more informed under rising skepticism.
| Common Stock Shares Outstanding | 229.4 M | |
| Cash And Short Term Investments | 146.5 M |
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